Tech Company Financing Transactions

SolarCity Funding Round

On 1/22/2010, SolarCity announced $60 million in funding from private investors.

Transaction Overview

Company Name
Announced On
1/22/2010
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The solar systems funded under the agreement are expected to be installed in 2010, predominantly in California, with some in Arizona and Colorado. SolarCity already has more than 1,700 solar customers in Pacific Gas and Electric Company's service area and more than 5,000 solar customers overall.

Company Information

Company Status
Acquired or Merged
Industry
Alternative Energy
Mailing Address
3055 Clearview Way
San Mateo, CA 94402
USA
Email Address
Overview
SolarCity matches advanced solar power technology with a suite of installation services. The company's comprehensive offering removes the technical, regulatory, and financing barriers to solar power, helping customers make smart renewable energy choices that save money.
Profile
SolarCity LinkedIn Company Profile
Social Media
SolarCity Company Twitter Account
Company News
SolarCity News
Facebook
SolarCity on Facebook
YouTube
SolarCity on YouTube

Management Team

Title
Name
Email & Social
Chairman
Elon Musk
  Elon Musk LinkedIn Profile  Elon Musk Twitter Account  Elon Musk News  Elon Musk on Facebook
Chief Executive Officer
Lyndon Rive
  Lyndon Rive LinkedIn Profile  Lyndon Rive Twitter Account  Lyndon Rive News  Lyndon Rive on Facebook
Chief Operating Officer
Peter Rive
  Peter Rive LinkedIn Profile  Peter Rive Twitter Account  Peter Rive News  Peter Rive on Facebook
VP - General Counsel
Seth Weissman
  Seth Weissman LinkedIn Profile  Seth Weissman Twitter Account  Seth Weissman News  Seth Weissman on Facebook
VP - Human Resources
Linda Keala
  Linda Keala LinkedIn Profile  Linda Keala Twitter Account  Linda Keala News  Linda Keala on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/22/2010: Hello Music venture capital transaction
Next: 1/22/2010: Comet Solutions venture capital transaction

 

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About Our VC Transactions Data

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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